NOT LISTED FOR SALE

629 Merrill Rd Grant, AL 35747

Estimated Value: $608,000 - $1,807,000

4 Beds
4 Baths
2,889 Sq Ft
$389/Sq Ft Est. Value

Last Sold June 03, 2016

Last sale price $900,000 $312 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,207/month

About This Home

As of June 2016

Merrill Mountain Road Farm is a beautiful 96+/- Acres of good-laying pasture located in Grant Alabama, just north of Lake Guntersville on the Tennessee River and just southeast of Huntsville, Alabama. The farm is about 1/2 mile off of US Hwy 431, giving it great access to Huntsville and Guntersville. There is a 4 bedroom, 2.5 bath brick home built in the 1990's set near the center of the farm, right beside a stocked fishing lake with dock/gazebo. There is a well-maintained double-wide mobile home on the property that would be perfect for a farm hand, or a caretaker. There is a 4 stall horse barn, a shop, and a hay shed on the property. The land is divided into 7 pastures, making rotational grazing a real plus for this farm. There are currently about 68 heifers running on the property. The farm could easily be used for cattle or horses. The farm has both well and public water too. In addition to the stocked lake out front, there is a stock watering pond as well.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2016
Closed on
Jun 3, 2016
Sold by
Sexton Jason and Sexton Linda
Bought by
Burton Amanda Jean and Burton Howard Glenn
Seller's Agent
Randall Upchurch
SonUp Real Estate
Buyer's Agent
Randall Upchurch
SonUp Real Estate
List Price
$995,000
Sold Price
$900,000
Premium/Discount to List
-$95,000
-9.55%
Current Estimated Value
$1,122,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,498
Avg. Annual Appreciation
2.38%

Purchase Details

Closed on
Mar 14, 2013
Sold by
Pugh Michael S
Bought by
Sexton Jason and Sexton Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,299,886
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 28, 2012
Sold by
Pugh Michael S
Bought by
Pugh Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2008
Sold by
Smith Johnny Butler and Smith Mary Page
Bought by
Pugh Michael and Pugh Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Burton Amanda Jean $900,000 None Available
Sexton Jason $1,275,000 None Available
Pugh Michael S -- None Available
Pugh Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sexton Jason $1,299,886
Previous Owner Pugh Michael S $257,000
Previous Owner Pugh Michael $212,000
Closed Burton Amanda Jean $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2016 06/03/16 Sold $900,000 -9.5% $312 / Sq Ft View Prior Sale
05/16/2016 05/16/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $995,000 -- $344 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,279 $85,660 $0 $0
2023 $3,279 $83,200 $0 $0
2022 $3,333 $87,100 $0 $0
2021 $3,198 $83,480 $0 $0
2020 $2,616 $67,960 $0 $0
2017 $2,520 $65,380 $0 $0
2015 -- $51,940 $0 $0
2014 -- $52,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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